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Apr 9, 2012
04/12
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CSPAN3
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we are on a budget deficit of approximately 3% and would going commit do on on saturday and all of the tsunami 2012 and 2013 through the models that you have that the imf and we massachusetts etted three tiends of jock and all of that has showed that you're economy is still resilient and that our debt is sustainable up to 55%. so we are in a self-gon -- governing. our goal is to come back to a debt ratio over five-year period of a growth ratio of 247%. here is the economic strategy that tunisia will be -- encouraging signs that the investment will go well in the country. many, many, many countries have showed a lot of support fortune nishia economically. the united states has showing a lot of support recently, it has announced it will give tunisia $100 million in direct budgetary aid and there are other packages, as well. europe and european firms have confirmed their intention to stay in the country and to increase their investments in the country. a lot of from the gulf countries are visiting tunisia and indicating their intentioning to invest. we have every intention that the enviro
we are on a budget deficit of approximately 3% and would going commit do on on saturday and all of the tsunami 2012 and 2013 through the models that you have that the imf and we massachusetts etted three tiends of jock and all of that has showed that you're economy is still resilient and that our debt is sustainable up to 55%. so we are in a self-gon -- governing. our goal is to come back to a debt ratio over five-year period of a growth ratio of 247%. here is the economic strategy that tunisia...
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Apr 13, 2012
04/12
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CSPAN3
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eye 131
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we were on a budget deficit of approximately 3%. and with good macroeconomic parameters and stability. also, the debt ratio of tunisia was 40% before the revolution. now it's 46%. and we ran 2012 and 2013 through the models that you have at the imf. and we estimated three kinds of shocks. the evaluation shock, an inflation shock and international crises. and all of that has shown that our economy is still ee still ye resilient and that our debt is sustainable up to 55%. so we are in a safe zone even compared to what's happening today in the world. and our debt situation is still healthy. obviously, our objective is to come back in 2014 to a deficit level of 3%, an inflation level of 3%, a growth of 6% to 7%, and a debt ratio over a period of time by 2017 of 40%. so here is the economic strategy that tunisia will be adopting. there are many signs that -- encouraging signs that investment will go well in the country. many, many, many countries have shown a lot of support for tunisia economically. the united states is showing a lot of
we were on a budget deficit of approximately 3%. and with good macroeconomic parameters and stability. also, the debt ratio of tunisia was 40% before the revolution. now it's 46%. and we ran 2012 and 2013 through the models that you have at the imf. and we estimated three kinds of shocks. the evaluation shock, an inflation shock and international crises. and all of that has shown that our economy is still ee still ye resilient and that our debt is sustainable up to 55%. so we are in a safe zone...
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Apr 12, 2012
04/12
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CSPAN3
tv
eye 182
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jordan has high levels of education, which are very similar to western nations, but we have a budget deficit that exceeds 65% of total gmp, and there's also unemployment and poverty, which exceeds 20% of the labor force, and the population. certainly there are positive aspects in favor of the regime in jordan, but over the last ten years, several of these achievements were destroyed and reform in jordan started not just with the arab spring, but there were previous years in which the muslim brotherhood took part in the political process, and it had also very difficult experiences as the first and foremost which is the fraud lfraudulent elections in 2007 which is why we decided to boycott the 2010 elections which produced parliament that doesn't represent the people. not in terms of the political frameworks or the people that could possibly shoulder its responsibilities towards the people. unfortunately, i would like to say that the regime in jordan even though we're still hoisting the slogan of reforming the regime, the king and the government at parliament and the institutions, they are sti
jordan has high levels of education, which are very similar to western nations, but we have a budget deficit that exceeds 65% of total gmp, and there's also unemployment and poverty, which exceeds 20% of the labor force, and the population. certainly there are positive aspects in favor of the regime in jordan, but over the last ten years, several of these achievements were destroyed and reform in jordan started not just with the arab spring, but there were previous years in which the muslim...
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Feb 16, 2012
02/12
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CSPAN3
tv
eye 93
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we're facing our fourth straight deficit n this country, annual deficit in the excess of $1 trillion. we have never had this kind of debt path before. all across the country, families are tightening their belts. cities and counties and states are doing that. the federal government has got to do the same. our severe fiscal challenges present an opportunity to make government leaner, more productive, and less expensive to achieve more efficientlily and effectively. as the chairman said, we have to set priorities. priorities means making choices. i'm prepared to support and choose transportation as a high priority. unlike so much of what washington does with taxpayers money, good roads are tankible life changing matters that make the economy more productive. it does that for decades. it kree aids american jobs and virtually all the matters that go into those highways are american produced. and the americans can't be produced in a foreign country. it's here. so i think it's a way to create jobs and permanent improvements in productivity. now the tragedy is that there was a great opportuni
we're facing our fourth straight deficit n this country, annual deficit in the excess of $1 trillion. we have never had this kind of debt path before. all across the country, families are tightening their belts. cities and counties and states are doing that. the federal government has got to do the same. our severe fiscal challenges present an opportunity to make government leaner, more productive, and less expensive to achieve more efficientlily and effectively. as the chairman said, we have...
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Jul 16, 2012
07/12
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CSPAN
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eye 156
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every single measure to cut the deficit. we know what he is against but when are we going to find out what he is for? >> this government had a great record on education. and university creating 25 -- will the prime minister please confirm a further round of applications and funding of universities. [shouting] >> she is absolutely right to speak up for university technical colleges. these are a great addition to the schools we have in our country. they are high-profile way that proper vocational education gives young people t skills they need to have a great career in the future. >> on monday, june 25th, health sectors will annoce the administration of the -- he met with the members to start the greenwich members asking get special meetings and no date in the diary or coming. can the prime minister explain to me why the presidents of greenwich were not given the same respect by his minister? >> the honorable lady raises an important point. difficult situation that has taken place at this trust. the secretaries using powers pu
every single measure to cut the deficit. we know what he is against but when are we going to find out what he is for? >> this government had a great record on education. and university creating 25 -- will the prime minister please confirm a further round of applications and funding of universities. [shouting] >> she is absolutely right to speak up for university technical colleges. these are a great addition to the schools we have in our country. they are high-profile way that...
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146
Jul 11, 2012
07/12
by
CSPAN2
tv
eye 146
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every single measure to cut the deficit. we know what he is against but when are we going to find out what he is for? >> this government had a great record on education. and university creating 25 -- will the prime minister please confirm a further round of applications and funding of universities. [shouting] >> she is absolutely right to speak up for university technical colleges. these are a great addition to the schools we have in our country. they are high-profile way that proper vocational education gives young people the skills they need to have a great career in the future. >> on monday, june 25th, health sectors will announce the administration of the -- he met with the members to start the greenwich members asking get special meetings and no date in the diary or coming. can the prime minister explain to me why the presidents of greenwich were not given the same respect by his minister? >> the honorable lady raises an important point. difficult situation that has taken place at this trust. the secretaries using power
every single measure to cut the deficit. we know what he is against but when are we going to find out what he is for? >> this government had a great record on education. and university creating 25 -- will the prime minister please confirm a further round of applications and funding of universities. [shouting] >> she is absolutely right to speak up for university technical colleges. these are a great addition to the schools we have in our country. they are high-profile way that...
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245
Jan 25, 2012
01/12
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KCSMMHZ
tv
eye 245
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as you mention, trade deficit numbers, annual deficit in japan since 1980 largely driven by weaker exports and stronger yen and slower global growth which has effected the economy. let's look at the nikkei and topics this wednesday morning. back above 8800. it has been on an up trend this year. we broke above 8800 inter day level yesterday and have done so again today. we will see if that momentum can carry through. signs from the u.s. economy seems to show improving economy, with housing, manufacturing, jobs picture, showing some improvements in the data we've seen. even the euro is quite resilient, despite concerns about greek restructuring of debt plans. let's look at the currency levels. you can see what i am talking about. the euro yen at the bottom of the screen, 101 levels.26-31. compared to 100 yesterday, and 99 on monday. and 97.04, which was the low we hit last week. you can see if anything, eurozone countries has the effect of the euro there. the stronger euro helped a lot of japanese exporters selling to eurozone countries. ai? >> still a lot to come from the united states toda
as you mention, trade deficit numbers, annual deficit in japan since 1980 largely driven by weaker exports and stronger yen and slower global growth which has effected the economy. let's look at the nikkei and topics this wednesday morning. back above 8800. it has been on an up trend this year. we broke above 8800 inter day level yesterday and have done so again today. we will see if that momentum can carry through. signs from the u.s. economy seems to show improving economy, with housing,...
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Apr 15, 2012
04/12
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CSPAN3
tv
eye 114
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i think the excesses we have seen in terms of the debt and the deficits and the reality that we have a model in europe that has demonstrated it doesn't work and that we would make a terrible mistake to model america on western europe. i think these kinds of issues, as well as social issues that people discuss in the political context are going to undoubtedly cause differing people to different extents to be part of what has been now, during my adult lifetime, a conservative movement that has ebbed and flowed. it has become a majority and less so depending on circumstances. i think necessity is the mother of invention. fear does focus the mind. i think that the events of 911 and the large number of terrorist activities at various places around the world and the recognition that the lefality of weapons today is different. it changes our margin of error. the threat of dead and the prospect that this country could end up for the first time with a generation that had fewer opportunities and less prospects is a serious problem. i think it registers on people. it is -- that amount of debt i
i think the excesses we have seen in terms of the debt and the deficits and the reality that we have a model in europe that has demonstrated it doesn't work and that we would make a terrible mistake to model america on western europe. i think these kinds of issues, as well as social issues that people discuss in the political context are going to undoubtedly cause differing people to different extents to be part of what has been now, during my adult lifetime, a conservative movement that has...
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Oct 22, 2012
10/12
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KCSMMHZ
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eye 162
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japan's deficit stood at about $7 billion, a new high. officials pointed to a steep drop in car exports to china. chinese demand for japanese goods has slumped due to the dispute over the senkaku islands in the east china sea. japan controls the islands. china claims them. the finance ministry says japan's deficit for the six months through september was about $40 billion. it was the largest half-year deficit since the government began keeping records in 1979. half-year trade with the european union fell into the red for the first time with a deficit reaching more than $1 billion. against china, japan's deficit for the period was $19 billion. the bank of japan downgraded its economic assessments of eight of nine regions due to sluggish production and personal consumption. it's the first time in three years and nine months that the central bank has lowered its assessments of so many regions all at once. boj branch managers say industrial production declined in these eight regions. they point to falling exports of cars and other auto-relate
japan's deficit stood at about $7 billion, a new high. officials pointed to a steep drop in car exports to china. chinese demand for japanese goods has slumped due to the dispute over the senkaku islands in the east china sea. japan controls the islands. china claims them. the finance ministry says japan's deficit for the six months through september was about $40 billion. it was the largest half-year deficit since the government began keeping records in 1979. half-year trade with the european...
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Jan 25, 2012
01/12
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KCSM
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. >> japan posted its first trade deficit in over 30 years in all of 2011. this is due to a plunge in exports following the earthquake and nuclear accident last march. the finance ministry said on wednesday that the deficit came to about $32 billion. this marks the first annual negative trade balance since 1980. exports fell 2.7% in yen terms last year as the march quake and tsunami disrupted parts supplies lowering the shipments of cars and other goods. meanwhile, imports surged 12% after a nuclear plant accident boosted demand for liquefied natural gas in order to power thermal generators. attention is now on whether the strong yen and europe's credit crisis will depress japan's export sector further. the international monetary fund has downgraded its outlook for this year's world economic growth. it says global financial conditions have deteriorated and risks have escalated. the imf released its growth forecast to revise its growth forecast, that is, to 3.3%, down 0.7 percentage point from its october global forecast. they say there are intensifying probl
. >> japan posted its first trade deficit in over 30 years in all of 2011. this is due to a plunge in exports following the earthquake and nuclear accident last march. the finance ministry said on wednesday that the deficit came to about $32 billion. this marks the first annual negative trade balance since 1980. exports fell 2.7% in yen terms last year as the march quake and tsunami disrupted parts supplies lowering the shipments of cars and other goods. meanwhile, imports surged 12%...
WHUT (Howard University Television)
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Jul 5, 2012
07/12
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WHUT
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eye 161
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it is not enough to cover the fiscal deficit. for example, by raising the consumption tax by 5%, by the -- bite end of year 2015. it can only yield 12.8 -- 12.5 on the end of the tax revenue by the consumption tax hike. compared to the fiscal deficit, 544 yen at this moment it is not enough to fully cover the, the public issues. the main focus for the government is -- the further increase of the consumption tax hike as imf has suggested. and -- yeah, there is a great saying, consumption tax should be raised to more than 10%. considering the budget constraint for the time beak it is difficult, the business activity and to increase tax revenue. rather than that i think the main focus should be how the government is going to accelerate the reduction of the fiscal expenditure in the near term. >>> south koreans are living in smart homes, with solar energy and to make sure electric power is used efficiently. as more south koreans want to conserve energy, builders are looking at putting extra technologies into home. nhk's anna jong rep
it is not enough to cover the fiscal deficit. for example, by raising the consumption tax by 5%, by the -- bite end of year 2015. it can only yield 12.8 -- 12.5 on the end of the tax revenue by the consumption tax hike. compared to the fiscal deficit, 544 yen at this moment it is not enough to fully cover the, the public issues. the main focus for the government is -- the further increase of the consumption tax hike as imf has suggested. and -- yeah, there is a great saying, consumption tax...
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100
Jun 20, 2012
06/12
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KRCB
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eye 100
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. >>> now, this just in japan's trade balance in may showed a deficit for a third straight month. the finance ministry said in its preliminary report on wednesday morning that japan's trade deficit was over $11 billion last month. exports were up for a third month in a row. that's a 10% rise from a year earlier in yen terms. that's mainly due to an increase in shipments of autos and automotive parts. but imports also rose more than 9% due to a rise in imports of liquefyied natural gas and crude oil. >>> once again japan's trade deficit in may coming in at $11 billion, over $11 billion. more for you next hour. i'll leave you with a check on the markets. >>> six world powers and iran have failed to achieve any major break-through in negotiations on tehran's nuclear program. but the door is still open for future talks. the two-day meeting in moscow ended on tuesday. negotiate eshs agreed to hold an expert-level meeting in istanbul turkey on july 3rd. in the third round of talks that resumed in april, u.s. and european negotiators urged iran to stop enriching uranium to 20%. it's a le
. >>> now, this just in japan's trade balance in may showed a deficit for a third straight month. the finance ministry said in its preliminary report on wednesday morning that japan's trade deficit was over $11 billion last month. exports were up for a third month in a row. that's a 10% rise from a year earlier in yen terms. that's mainly due to an increase in shipments of autos and automotive parts. but imports also rose more than 9% due to a rise in imports of liquefyied natural gas...
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Sep 23, 2012
09/12
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CSPAN
tv
eye 122
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[applause] we need to bring down our deficit. but we are not going to do it by sticking it to the middle class. i've put forward a plan to reduce our deficit by $4 trillion. we have already cut $1 trillion of spending we did not need. i want to move forward to make sure our government is efficient. we can be wasting money. but i also want to reform our tax code so it is simple and fair and ask the wealthiest among us to pay a higher rate on incomes over $250,000. [applause] that's the rate we had when bill clinton was president. and our economy created nearly 23 million new jobs. we live from deficit to surplus. and by the way, we created a whole bunch new millionaires to boot. i have cut taxes for the middle- class. i have cut taxes for small business. and i want to keep your taxes lower. i can afford to pay a little more. and mitt romney sure can afford to pay a little more. [applause] and the reason i want to do it is not because i want to punish success. when you give tax relief to middle-class families, what do they do? when
[applause] we need to bring down our deficit. but we are not going to do it by sticking it to the middle class. i've put forward a plan to reduce our deficit by $4 trillion. we have already cut $1 trillion of spending we did not need. i want to move forward to make sure our government is efficient. we can be wasting money. but i also want to reform our tax code so it is simple and fair and ask the wealthiest among us to pay a higher rate on incomes over $250,000. [applause] that's the rate we...
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Nov 15, 2012
11/12
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MSNBCW
tv
eye 77
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it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline aggressively on the back of the tax hikes. it sounds familiar to the debate you're having in the united states. the difference is we're living it now. you're talking about it in the future as well. so the potential ramifications of the fiscal cliff have affected europe. >> shoot me an e-mail at waytooearly@msnbc.com. let me know why you're awake right now. we've moved things around a little bit. we'll read the best responses later in the show. >>> still ahead on a what early," as if things were not bad enough for the jets on the field, now people are sniping with reporters as the team
it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline...
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and current account deficits. that could should be complacent over time if the u.s. were not to deal with his own fiscal problem because a lot of the lyrics then local even as eventually you could have a fiscal train wreck or a sudden stop of copy and that financial model could happen the united states that are poor or whatever is the result of that action x. theater where there's going to be a president starting a plan that leads to a fiscal discipline a fiscal consolidation to be part of the what the u.s. has to do you know toward the risk of something bad happening to us you know have been relayed to us that other contraries but it could also have been us eventually but do you expect the u.s. role in the dollar as role as a reserve currency to to continue as it is right now to maintain its positions and what is your take on the euro dollar rate because last year we asked you the same question and you said that you would not bet your money on the euro and you are right about now there is a generalized. happens with the us dollar tween us fiscal and current take on
and current account deficits. that could should be complacent over time if the u.s. were not to deal with his own fiscal problem because a lot of the lyrics then local even as eventually you could have a fiscal train wreck or a sudden stop of copy and that financial model could happen the united states that are poor or whatever is the result of that action x. theater where there's going to be a president starting a plan that leads to a fiscal discipline a fiscal consolidation to be part of the...
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120
Nov 15, 2012
11/12
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MSNBC
tv
eye 120
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it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline aggressively on the back of the tax hikes. it sounds familiar to the debate you're having in the united states. the difference is we're living it now. you're talking about it in the future as well. so the potential ramifications of the fiscal cliff have affected europe. >> shoot me an e-mail at waytooearly@msnbc.com. let me know why you're awake right now. we've moved things around a little bit. we'll read the best responses later in the show. >>> still ahead on a what early," as if things were not bad enough for the jets on the field, now people are sniping with reporters as the team
it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline...
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i don't think there would be a fiscal cries in the us even if the deficit than that of a large arising in part because u.s. can print money for us is that this is something the european central bank is unwilling to do because the u.s. dollar still has a currency so therefore in the mind of that i thought emerging market is financing the large us face and current account deficits. could should be complacent over time if the u.s. were not to deal with his own fiscal problem because a lot of the lyrics then local even as eventually you could have a fiscal train wreck or a sudden stop of copy and then financial tomorrow could happen the united states that are for whatever is the result of the election next theater whether it's going to be a president starting a plan that leads to a fiscal discipline a fiscal consolidation to be part of the what the u.s. has to do you know to avoid the risk of something bad happening you guys you know happen later in the us than other contraries but it could also have been us eventually but do you expect the u.s. role in the dollar as role as a reserve curr
i don't think there would be a fiscal cries in the us even if the deficit than that of a large arising in part because u.s. can print money for us is that this is something the european central bank is unwilling to do because the u.s. dollar still has a currency so therefore in the mind of that i thought emerging market is financing the large us face and current account deficits. could should be complacent over time if the u.s. were not to deal with his own fiscal problem because a lot of the...
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those won't be large deficits. the very big deficits that the country should be very afraid of are the deficits that are coming in the next decade and the decade after that, and there we do have time for gradual adjustment. but, no, we shouldn't tolerate enormous deficits today. my point is we simply don't have to make huge changes in our entitlement programs today. we can do those gradually. we do have time. we don't have time if we wait four more years. >> glenn hubbard, pleasure to have you on. >> pleasure. >>> when we come back, why china has a problem with america's human rights record. i will explain. tdd# 1-800-345-2550 let's talk about fees. tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-
those won't be large deficits. the very big deficits that the country should be very afraid of are the deficits that are coming in the next decade and the decade after that, and there we do have time for gradual adjustment. but, no, we shouldn't tolerate enormous deficits today. my point is we simply don't have to make huge changes in our entitlement programs today. we can do those gradually. we do have time. we don't have time if we wait four more years. >> glenn hubbard, pleasure to...
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a lot of discussion we're hearing so much about budget deficits and threats to cut our of our social safety net and i think of the a lot of people understand that there is a certain tradeoff between the military cost the military expenditures that were the work spending on afghanistan and other conflicts and these these budget deficits that we're facing domestically so you know there is a message that we would like to invest in but are rather than guns. and i do remember that all of our news and updates are always available for you one line at r.t. dot com here's what's waiting for you there right now the happy news group anonymous strikes yet again this time by exposing private data stolen from the u.s. and bureau of justice. also online gone in a blink president putin takes away the flushing and flu lights used by hundreds of officials and their cars we explore what it might do from moscow's horrendous traffic gridlock. so much brighter than if you knew about someone from phones to christians. whose friends don't talk t.v. dot com. there hasn't been anything good on t.v. . it is to
a lot of discussion we're hearing so much about budget deficits and threats to cut our of our social safety net and i think of the a lot of people understand that there is a certain tradeoff between the military cost the military expenditures that were the work spending on afghanistan and other conflicts and these these budget deficits that we're facing domestically so you know there is a message that we would like to invest in but are rather than guns. and i do remember that all of our news...
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124
Jun 20, 2012
06/12
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WETA
tv
eye 124
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for example, the deficit could be extended a bit. that is the pressure on this fledgling government, and if it fails, i think we can expect social unrest, particularly since the anti-bailout party did so well and could mobilize a strong showing on the streets of athens and beyond. >> thanks for joining us. the chairman of the u.s. federal reserve ben bernanke delivered another round of monetary stimulus and said the fed was willing to do even more to help the fragile recovery. this came after the fed cut its estimates for economic growth this year and also cut its forecast for 2013 and 2014. now to egypt, where election authorities have announced the results of the presidential poll will be delayed. the weekend allen said the muslim brotherhood candidates who was against the former president. the results were due on thursday, but the election commission says it needs to look into complaints by rival candidates. i spoke to our chief international correspondent for more on the move. how are people interpreting the soleil? -- this delya
for example, the deficit could be extended a bit. that is the pressure on this fledgling government, and if it fails, i think we can expect social unrest, particularly since the anti-bailout party did so well and could mobilize a strong showing on the streets of athens and beyond. >> thanks for joining us. the chairman of the u.s. federal reserve ben bernanke delivered another round of monetary stimulus and said the fed was willing to do even more to help the fragile recovery. this came...
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we're not going to create jobs by creating government by expanding consumption or deficit spending. in order to create jobs, we need to get the government out of the way of the economy. we need more savings, more production, which means we need less government, less government spending. if we're going to expand government, we're going to destroy the economy. >> one of the main things quickly is public private investment in instrustructure. who could be oppose to that? >> i am. >> we have to take tabreak and come back and see if there's any agreement in europe. we'll try to city if we can agree on europe when we come back. >> if you look at countries that have their own central banks which means they have the ability to print money, none of these countries are having any trouble borrowing, britain, sweden, japan, the united states. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? bec
we're not going to create jobs by creating government by expanding consumption or deficit spending. in order to create jobs, we need to get the government out of the way of the economy. we need more savings, more production, which means we need less government, less government spending. if we're going to expand government, we're going to destroy the economy. >> one of the main things quickly is public private investment in instrustructure. who could be oppose to that? >> i am....
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169
Apr 4, 2012
04/12
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CSPAN
tv
eye 169
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is it turkey or some other economy running some kind of deficit that will be in trouble? anything you worry about with oil prices spiking in iran -- what is your risks set? looking out six months or 12 months? >> looking out six months or 12 months, i do not think it is an emerging markets crisis. even though you have a country like turkey that is more vulnerable to higher commodity prices that has a current account deficit, but does not have a funding problem. it has a pretty good domestic industrial base. i think the situation is manageable. the higher commodity prices on the whole are actually benefits to emerging markets a bit more. i think near term, the crisis still comes back to europe. have we graduated from the queue to chronic? is it really that greece was a kicking the can down the road restructuring? that an exit from the eurozone is something that gets more debate over the next six to 12 months, and then it comes back to europe? the big surprise last year was not europe. it was the u.s. ratings downgrade. that is what started the sell- off last year. we are g
is it turkey or some other economy running some kind of deficit that will be in trouble? anything you worry about with oil prices spiking in iran -- what is your risks set? looking out six months or 12 months? >> looking out six months or 12 months, i do not think it is an emerging markets crisis. even though you have a country like turkey that is more vulnerable to higher commodity prices that has a current account deficit, but does not have a funding problem. it has a pretty good...
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Jul 15, 2012
07/12
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FOXNEWS
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deficit. that is not an understatement. it is raising fears, too, that the u.s. economy may be dragged right back into recession. we're on track to exceed a trillion-dollar deficit for the fourth straight year. republicans and democrats are at odds over how to get it under control and if they can't agree we'll see a series of tax hikes and spending cuts that could kick in, next year. senior business correspondent brenda buttner, the anchor of bulls and bears, joins me. i checked with our brain room and they they're ones and know it all and they say our country may run out of money again at the end of this year and if the deficit grows by a trillion a year can we catch up? >> it seems like a pretty hard game to catch up, i think, for the last four years of the obama administration, the deficit has been a trillion or more, right now, we are growing at a little slower pace, about 6% slower than last year but we are still on track to hit a trillion by the end of the fiscal year. in september. the problem is, that what we are doing, basically, is just basically keepin
deficit. that is not an understatement. it is raising fears, too, that the u.s. economy may be dragged right back into recession. we're on track to exceed a trillion-dollar deficit for the fourth straight year. republicans and democrats are at odds over how to get it under control and if they can't agree we'll see a series of tax hikes and spending cuts that could kick in, next year. senior business correspondent brenda buttner, the anchor of bulls and bears, joins me. i checked with our brain...
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Feb 15, 2012
02/12
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it doesn't reduce the deficit at all virtually. give me a break. it increases spending $1.5 trillion and increases taxes $2 trillion almost. >> this is an ambush budget. he is ambushing the american people by promising to cut the deficit by $4 trillion when in fact over the next ten years, he adds to the debt by $11 trillion >> joining me is stuart varney from the fox business network and co-host of the five, dana perino. our country stands on the cliff. we're on the verge of debt crisis. he puts forward a budget that doesn't deal with the debt problem, expands government spending, includes massive new taxes, senate hasn't put together a budget in over a 1,000 days. we learned that the president's chief of staff doesn't know how many votes it takes to pass a budget. >> what a mess. that's right. this budget adds to the debt, raises taxes and increases spending. at the end of the budget period, at the end of ten years, we will $26 trillion in debt as opposed to $15-16 trillion we are now. work the path. if this budget goes through, if it does, we'll
it doesn't reduce the deficit at all virtually. give me a break. it increases spending $1.5 trillion and increases taxes $2 trillion almost. >> this is an ambush budget. he is ambushing the american people by promising to cut the deficit by $4 trillion when in fact over the next ten years, he adds to the debt by $11 trillion >> joining me is stuart varney from the fox business network and co-host of the five, dana perino. our country stands on the cliff. we're on the verge of debt...
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Jan 25, 2012
01/12
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KCSMMHZ
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in other words, it has a trade deficit. what makes it even more dramatic is that japan managed to run a surplus right through the two biggest financial shocks -- the asian financial crisis and the lehman brothers collapse. >> these japanese cars are bound for europe, does not as many as before. the country is also shipping of your machines and electronic devices compared to years past. japan exported less overall in 2011, a 2.7% drop over the previous year. and japan purchased more from abroad, pushing imports up by 12%. a number of factors were damaged in the earthquake and tsunami that hit japan early last year, and that hampered exports. since most of the country's nuclear power plants have been shut down since then, japan had to import more crude oil and other raw materials. strong yen and economic troubles in the u.s. and europe have hurt investment in japanese products. >> we need to nurture new industries through regulatory reforms and comprehensively promote policies that will strengthen our growth potential. >> eff
in other words, it has a trade deficit. what makes it even more dramatic is that japan managed to run a surplus right through the two biggest financial shocks -- the asian financial crisis and the lehman brothers collapse. >> these japanese cars are bound for europe, does not as many as before. the country is also shipping of your machines and electronic devices compared to years past. japan exported less overall in 2011, a 2.7% drop over the previous year. and japan purchased more from...
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budget deficit several border controls have been restored for the event the authorities fearful of protests for more on the story by. editor in chief of trends magazine thanks for joining us here on r.t. you know or what tools do you think he has to help these struggling economies. well the e.c.b. is in the midst of the process of helping the banks of all the euro countries and what we saw lately in the last months is that the banks have increasingly been buying the paper of governments in trouble like for example the spain government so the e.c.b. is trying to create the space for the political authorities to come to the decisions that need to be making made in terms of political union and all the other political decisions that need to be made but of course the e.c.b. cannot solve the structural problems which are characteristic of this monetary european monetary union well indeed and the spanish prime minister said he will continue with his austerity plans despite these thousands protesting against these cuts given these measures have prevented i should say recession in the country why is
budget deficit several border controls have been restored for the event the authorities fearful of protests for more on the story by. editor in chief of trends magazine thanks for joining us here on r.t. you know or what tools do you think he has to help these struggling economies. well the e.c.b. is in the midst of the process of helping the banks of all the euro countries and what we saw lately in the last months is that the banks have increasingly been buying the paper of governments in...
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May 8, 2012
05/12
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CSPAN3
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the current deficit, each deficit of the each four years of the obama administration, $1.2 or 1.3 trillion. the military budget all in with both wars, i supported them both. and proud to support president obama's surge in afghanistan. barney is for something like 25%, 30% cut in the defense budget. i think that would be dangerous. getting out of afghanistan, i think what beould be dangerous. total military, all in, all wars, cia, $600 billion, $700 billion. that's high. it is coming down. it is coming down. half the deficit. you can't solve the debt problem by cutting the military. it xiz fris risky in the world. i have strong foreign aid budget. strong refoufrm of the state department. i think if we don't lead in the world it will be a much more dangerous world. it is a legitimate debate. nothing hypocritical or wrong about paul ryan saying we need to sustain military spending at low percentage of gdp, 4, 4.5%. we need to reform medicare/medicaid. and, otherwise we giwill go off cliff. >> the military budget $700 billion. if you throw in other things. bigger than the medicare budget. you
the current deficit, each deficit of the each four years of the obama administration, $1.2 or 1.3 trillion. the military budget all in with both wars, i supported them both. and proud to support president obama's surge in afghanistan. barney is for something like 25%, 30% cut in the defense budget. i think that would be dangerous. getting out of afghanistan, i think what beould be dangerous. total military, all in, all wars, cia, $600 billion, $700 billion. that's high. it is coming down. it is...
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Jan 26, 2012
01/12
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CSPAN
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it's tough discipline is essential, but this is a problem of trade deficits, not just budget deficits. it means countries with those deficits, making painful decisions to raise productivity to drive down costs, year after year, to regain their competitiveness, but that does not happen overnight. it can at painful economic and political consequences. nor is it sufficient. you need the support of single currency partners and a system of the school integration and risk sharing to the creation of euro area bonds to make a portrait work. there must be action to put the weight of the surface countries behind the euro. i'm not pretending that any of this is easy. these are difficult steps for any country to take. knowing how necessary, but also how hard they are, is why britain did not join the eurozone. they are what is needed if a single currency as currently constituted is to work. some people will say it is well britain is making these points, but you are not any euro, and last month u.s. vetoed adding a new treaty. that me answer that directly. i understand why the eurozone members want
it's tough discipline is essential, but this is a problem of trade deficits, not just budget deficits. it means countries with those deficits, making painful decisions to raise productivity to drive down costs, year after year, to regain their competitiveness, but that does not happen overnight. it can at painful economic and political consequences. nor is it sufficient. you need the support of single currency partners and a system of the school integration and risk sharing to the creation of...
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western country that allows direct to consumer advertising of prescription drugs this ad for attention deficit hyperactivity disorder warns that untreated patients will likely end up divorced brand this commercial for so long and we'll learn this is to make you happier but side effects may include dry mouth insomnia sexual side effects diarrhea nausea and sleepiness critics also say big pharma uses its financial muscle to provide doctors with gives cash kickbacks and research funding in exchange for endorsing or purse cry being the latest and most lucrative drugs what you have is a whole network of doctors who are hustling these drugs if a patient comes in with a knee injury and says i'm so sad oh are you depressed hey write a prescription. they're given out like m. and m's last year per script and drug abuse became the number one cause of accidental death with more than thirty thousand americans overdosing can consume sarah quell a bipolar medication generated four point four billion dollars in sales last year listing all its side effects requires forty nine seconds of air time blood sugar ha
western country that allows direct to consumer advertising of prescription drugs this ad for attention deficit hyperactivity disorder warns that untreated patients will likely end up divorced brand this commercial for so long and we'll learn this is to make you happier but side effects may include dry mouth insomnia sexual side effects diarrhea nausea and sleepiness critics also say big pharma uses its financial muscle to provide doctors with gives cash kickbacks and research funding in...
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Feb 3, 2012
02/12
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the fiscal deficit is expected to exceed $1 trillion. that is for the fourth year in a row. >> even the prospects has an increase of a sudden fiscal crisis. >> speaking before the house of representatives budget committee on thursday, bernancke indicated it will take time for the job and housing markets to improve significantly and that the u.s. economy could worsen due to spillover effects from the european debt crisis and other factors. bernancke stressed that the fed will try to improve the job situation and stabilize prices. he said these will be done by extending the low interest rates to at least late 2014 and by setting an inflation target of 2%. >>> here is tokyo, stock prices are moving within a narrow range this friday morning. we take a look and you will see. the nikkei index is trading lower by .25%. some investors are selling to lock and profit, but trading is thin ahead of data on u.s. jobs which is due out later in the day. the dollar is little changed against the yen this friday morning here in tokyo. the american currenc
the fiscal deficit is expected to exceed $1 trillion. that is for the fourth year in a row. >> even the prospects has an increase of a sudden fiscal crisis. >> speaking before the house of representatives budget committee on thursday, bernancke indicated it will take time for the job and housing markets to improve significantly and that the u.s. economy could worsen due to spillover effects from the european debt crisis and other factors. bernancke stressed that the fed will try to...
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the budget deficits that we're facing domestically so you know there is a message that we would like to invest in but are rather than guns in the meantime russia is turning to huge fines to try and make protest safe a new bill could see russian protesters paying the quickness of up to fifty thousand u.s. dollars if they preach the lord demonstrations of details on that coming up in a few minutes. i don't propose an egypt save the uprising leaders have discredited the revolution and driven the nation to the verge of economic collapse that's later in the program here in. the first the u.n. secretary general has called on conflicting sides in lebanon to restore order to two people were killed in clashes on monday has been involved in the country between opponents and supporters of bashar al assad's regime in neighboring syria political analyst in general his time on the shop he says western powers may be unwittingly providing indirect support to terrorists destabilizing the whole region . the ironic thing is that al qaeda and the western powers are seem to be. the same in the same group
the budget deficits that we're facing domestically so you know there is a message that we would like to invest in but are rather than guns in the meantime russia is turning to huge fines to try and make protest safe a new bill could see russian protesters paying the quickness of up to fifty thousand u.s. dollars if they preach the lord demonstrations of details on that coming up in a few minutes. i don't propose an egypt save the uprising leaders have discredited the revolution and driven the...
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it's always about whether there should be deficit spending or not deficit spending but nobody seems to talk about the fact of the regulatory framework that was created at the time which gave rise to the recovery and it seems to me that that regulatory framework glass steagall f.b.i. see the securities act of thirty three and thirty four was the key in the recovery all to me but i want to ask you something about systems analysis for a second if i have a very complicated system and here are a complex system analysis on a list and that system let's say is tied to units of risk if i add one unit of risk to that complicated system and my adding to the complexity in in a linear way or am i adding exponentially the risk to the system professor whoa. the answer is more subtle it's neither linear nor exponential it's usually some power law but what it means is that indeed there are extreme events that are much more likely. recently. been called black swan events right they're much more likely than we expect they're used to form the quote normal distribution of viewers and complex systems or are
it's always about whether there should be deficit spending or not deficit spending but nobody seems to talk about the fact of the regulatory framework that was created at the time which gave rise to the recovery and it seems to me that that regulatory framework glass steagall f.b.i. see the securities act of thirty three and thirty four was the key in the recovery all to me but i want to ask you something about systems analysis for a second if i have a very complicated system and here are a...
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Jan 29, 2012
01/12
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CNNW
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has had a trade deficit since 1975 and, yet, we've grown. but the u.s. economy is not built on exports. japan's economic rise on the other hand has been almost entirely powered by exports. so what has changed in japan? the japanese government would like to blame one-off events. last year's earthquake and tsunami crippled factories and shut down nuclear energy reactors. the off shoot of that was decreased economic output. plus, they needed import expensive oil from the middle east. natural disasters have only highlighted and accelerated existing trends in japan. a decline in competitiveness and an aging work force. china and other ease asian country with make cheaper products and in greater quantities. add to that a rising yen, and japan's exporters have been at a disadvantage globally. it doesn't make sense to manufacture in japan. add to this japan's demographics. between 1990 and 2007 japan's working population dropped from 86 million to 83 million. at the same time americans between the ages of 15 and 64 rose from 160 million to 200 million. in a glob
has had a trade deficit since 1975 and, yet, we've grown. but the u.s. economy is not built on exports. japan's economic rise on the other hand has been almost entirely powered by exports. so what has changed in japan? the japanese government would like to blame one-off events. last year's earthquake and tsunami crippled factories and shut down nuclear energy reactors. the off shoot of that was decreased economic output. plus, they needed import expensive oil from the middle east. natural...